Washington Street Station

Built: 1971 - Interior & Exterior Renovation: 2011-2013 - 100 Units

The Property:
Completed in 2012, the 20-unit Washington Street Station was listed exclusively with HFO. Originally built as luxury condos, the property offers high quality finishes, floor-to-ceiling windows, and select units feature elegant spiral staircases to third-floor, private rooftop patios.

Challenges:
Washington Street Station's lack of historical stabilized operations created the potential for investors to challenge its value and ability to maintain rents as more properties break ground in the Hillsboro sub-market.

Results:
HFO had been working with one specific buyer for nine months looking for just the right property, and our broker team was able to deliver the goods to the client with this sale. HFO's commitment to long-term client relationships means focusing on client concerns throughout the entire purchase or sale process.

HFO Quote

HFO is a very well run brokerage and goes above and beyond in providing information to investors. I really like their roundtables, market updates and podcasts.

Rachel S., Menlo Park, CA

For the tenth year in a row, HFO Investment Real Estate is one of Portland's top philanthropic corporations. (2019)

The Portland Business Journal

I appreciated Adam’s responsiveness, experience, and knowledge.

Itzik S., Eugene, OR

I have done 5-6 deals with HFO, and things have gone so well. I use HFO exclusively.

G. Weakly, Vancouver, WA

My listing was in a smaller market and HFO did a great job of finding buyers. They also did an excellent job handling all the backroom financials and documents.

Lee S. Keizer, OR

HFO did a great job – they are well connected. I got quality advice from Rob and Cody that wasn’t self-serving.

Dennis C., Spokane Valley, WA

Rand is awesome, great to work with. He works hard and follows up. The process was smooth and well organized.

Gary G., Puyallup, WA

HFO really knows the Portland area and will be able to find the right deal for you.

David P., Hong Kong

My experience with HFO was very, very positive.

L. Kaslofsky, San Francisco, CA

HFO does a great job on the web and email keeping owners posted on the whole political scene.

Richard R., Palm Desert, CA

HFO sets itself apart as a firm that has agents with the honesty and integrity to be trusted, close in a timely fashion and meet the needs of both buyer and seller.

Andrew F., Salem, OR

HFO doesn't lead sellers into unrealistic expectations of pricing. They are exceptional and advocate for both buyers and sellers' interest.

Doug R., Reno, NV

Every time I had a problem Todd took care of it. The level of service at HFO is excellent.

Paul H., Lake Oswego, OR

HFO has always been there for me with my many complicated commercial real estate questions, and provided great broker opinions of value year after year along with expert advice. I continue to value your input as industry leaders and innovators in the commercial arena. I’ve been to HFO’s conferences, watched HFO-TV, and read their communications to inform me as an owner/manager. I appreciate the HFO team and the way they have always looked out for us and gone the extra mile in service!

S.V., Seattle, Washington

Since 2006, HFO has consistently been recognized by CoStar as one of Portland Metro's Top Five Commercial Real Estate Brokerage firms based on transaction volume. In March of 2020, HFO once again earned this distinction for the 2019 calendar year.

CoStar Group

HFO’s insight, knowledge of the property purchased was extremely valuable. It was a complicated 1031 exchange and the communication was spot on. I have already referred HFO to others.

Don O., Hillsboro, OR

I have brokers calling me all the time. Greg Frick is the only one I’ve talked with who left me feeling smarter after the conversation. I’ve become a loyal client of HFO.

John E., Portland, OR

I like that HFO focuses solely on multifamily and does it really well. I like the blog and appreciate HFO-TV. HFO has the experience and focus to get me the best multifamily deal. I wouldn't use anyone else.

Kenny G., West Linn, OR

There were many landmines in my transaction, and I am glad to have hired HFO because they handled it well. HFO is the only company my wife and I would recommend.

J. Eichler, Mesa, AZ

I am such a fan of HFO. HFO is night and day better than the firm we used before and I am 100% loyal to them.